Using a unique data source on family time use both in and outside the home, we obtained estimates of parental time allocated to preschool children for several socioeconomic status groups. We find that while high status mothers have a relatively high potential wage, they spend from two to three...

The authors find high but diminishing marginal returns to investment in expenditures per pupil per year. The study suggests the desirability of increased educational quality in school districts with lower per pupil expenditures so as to equalize the returns to years and annual expenditure per...

Considerable policy interest has developed in assessing the performance of employment and training programs, most notably the Comprehensive Employment and Training Act. (CETA) and the Job Training Partnership Act (JTPA). This paper develops a production frontier model for the Employment Service...

Time inputs to children are measured using data from the recent Time Use Survey conducted by the University of Michigan. We analyze time parents devote to their children, particularly in their preschool years, in an attempt to find out if there are social-class and education-of-wife...

Given differences in public saving programs between Sweden and the United States, an examination of household private wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in Sweden and the United States over the past decade. We...

We use data from the Panel Study of Income Dynamics to estimate the effect of new saving incentives implemented as part of the 1996 welfare reform on household saving. Economic theory predicts that loosening asset limits will increase total savings for households with a large ex-ante probability...